January 31, 2008 BY PERSONAL DELIVERY Mr. Mark Oleksiw

Exhibit 4.72

January 31, 2008

BY PERSONAL DELIVERY

Xx. Xxxx Xxxxxxx

0000 Xxxxxxxx

Xxxxxxxxxxx, Xxxxxx  X0X 0X0

Re: Employment Agreement

Dear Xxxx:

Further to our recent discussions, we hereby confirm that your employment agreement with DRAXIS Health Inc. dated March 9, 2004 (the “Employment Agreement”) is hereby amended as follows:

· By deleting Section 3 and replacing it with the following Section 3:

You will be entitled to participate in all benefit plans which the DRAXIS Group shall, from time to time make available to its executive employees, subject to applicable eligibility rules thereof.  The benefits currently offered are:

· major medical

· drug

· dental

· group life

· short and long term disability

· accidental death and dismemberment

You will also be entitled to an amount of up to 5% of your Base Salary, which exact percentage shall be determined from year to year in lieu of participation in DRAXIS’ Retirement Savings Program. (the “DRSP Amount”)

· By deleting Section 13(c) and replacing it with the following Section 13(c):

(c) Termination by DRAXIS Without Serious Reason and Without Notice

DRAXIS may terminate this Agreement and your employment hereunder, in its sole discretion, Without Notice and Without Serious Reason, effective immediately upon the date you are advised of the termination (the “Date of Termination”)

DRAXIS HEALTH  INC. / SANTÉ DRAXIS INC.

00000 Xxxxx Xxxxx Xxxxxx Xxxxxxx, Xxxxxxxx, Xxxxxx, Xxxxxx X0X 0X0  Tel: (000) 000-0000 Fax: (000) 000-0000